Crop Insurance

Wasco County, Oregon

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Farmer Premiums in Wasco County, Oregon

Farmer Premiums

YearFarmer PremiumsPolicies
1995$59,332234
1996$51,825192
1997$59,189184
1998$66,183183
1999$278,756269
2000$586,433288
2001$512,482310
2002$694,968324
2003$817,259324
2004$617,420330
2005$528,478328
2006$573,273325
2007$636,078311
2008$915,780316
2009$1,756,094284
2010$1,086,608300
2011$1,251,823313
2012$1,257,897325
2013$1,232,099316
2014$1,030,645314
2015$863,864320
2016$1,233,366324
2017$1,113,384314
1995-2017$17,223,2366,728

METHODOLOGY: EWG obtained county level crop insurance information from USDA Risk Management Agency which shows premium subsidies, indemnities and farmer premiums at the county/crop level by crop year. Administrative and Operating Expense Reimbursements to crop insurance companies (A+O), Other program fund costs, Other administrative and operating fund costs expenses, and Government earned interest were allocated to the crop/county level by using the national expenditures/revenue of the Crop Insurance program (available here for 2008-2017 and from RMA previous to 2008) in each category and attributing them the crop/county level by total premiums. EWG was unable to attribute underwriting gains to the county/crop level. Underwriting gains (or losses) are paid to insurance companies when the insurance companies collect more in total subsidies than are paid out in indemnities. Since underwriting gains are paid by company on the basis of all of their policies, EWG was unable to allocate underwriting gains by crop or by region. The total underwriting gains for 1995-2017 is $14.6 billion.

 

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